November 22, 2016
U.S. insurer AIG may move its European headquarters from London to another European Union country because of Britain’s vote to leave the EU, the head of the AIG’s European and UK operations said at an industry conference on Tuesday. AIG …
October 11, 2016
MetLife Inc., the U.S. insurer, is close to finalizing a decision to expand its operations in Ireland, according to a person familiar with the matter. New York-based MetLife may announce its plan to grow its Irish presence within the next …
July 27, 2016
Irish recruiters are already filling jobs for financial services firms which are shifting some operations from the United Kingdom, with Dublin moving fast to steal a march on rivals just a month after Britons voted to leave the European Union. …
October 27, 2015
Dublin-headquartered XL Group reported third quarter operating net income of $70.8 million, or $0.23 per share, down from $187.1 million, or $0.70 per share, in the prior year quarter. The current quarter’s results include approximately $55.2 million in integration costs …
July 24, 2015
Beazley plc, the first Lloyd’s of London insurer to report earnings, had a 16 percent increase in first-half profit, helped by growth in its U.S. business. Pretax profit rose to $154.5 million from $132.9 million a year earlier, the Dublin-based …
February 26, 2015
XL Group plc, the insurer that agreed to buy Catlin Group Ltd. for about $4 billion, said it faces a risk label after the deal that could lead to increased oversight from global regulators. “Following the completion of the proposed …
October 27, 2011
Catastrophe modeling firm AIR Worldwide has issued a bulletin on the “torrential rainfall” that has “caused widespread disruption and damage on both sides of the Irish Sea.” The Dublin area has been the hardest hit. AIR said the “flooding was …
May 20, 2011
Around 200 global re/insurance specialists will gather for the European Insurance Forum in Dublin next week to analyze the current state of the industry. Delegates will hear the views of Matthew Elderfield, Deputy Governor at the Central Bank of Ireland, …
May 19, 2011
Ireland has been much in the news recently, and not just for its economic woes. The visit by the UK’s Queen Elizabeth II, the first by a British monarch in 100 years, and the upcoming visit of President Obama, as …
April 18, 2011
Mitsui Sumitomo at Lloyd’s confirmed that it is to establish branches in Dublin and Belfast as part of its expansion plans. The new operation will be headed by Alan Shiel, formerly the Ireland Country Manager at Chubb, as Managing Director. …